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ESG Lawsuits Over Social Issues Are Ready to Rise: Green Insight

Feb. 23, 2022, 11:00 AM

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Climate-related lawsuits like those filed against energy companies Exxon Mobil Corp., Shell Plc and PG&E Corp. have dominated ESG litigation in recent years. But there are signs an increase in cases extending beyond the environmental pillar of ESG may be coming.

More government and investor scrutiny of labor conditions and supply chains will boost the amount of corporate disclosure in those areas, said Nneka Chike-Obi, a director for sustainable finance at Fitch Ratings. That will give stakeholders the opportunity to glean discrepancies between what companies disclose and what they ...